Loans are for 3rd and 4th year medical students in good academic standing who need financial assistance for completion of their education. Interest rate is 2% per year, with payments beginning one year from graduation with entire principal balance due in ten years from graduation from medical studies. Contact AMS OFA or Brenton P. Thurston at 401-278-6038. Mail application to Brenton P. Thurston, VP, US Trust, Attn: Charles A Lauffer Scholarship Fund, 110 Westminster Street (RI1-536-05-03), Providence, RI 02903. Application deadline: June 15.